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Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?

To: Archie Meeties who wrote (1374)8/8/2008 9:56:55 PM
From: TimF  Respond to of 86355
 
I don't know what you might be smoking, I'm dealing with reality.

For every $20 rise in the price of oil we lose about 0.5% GDP.

You do realize that this point has no relevance whatsoever to my point.

I'm talking about buying oil, not price increases. Obviously price increased are harmful, but both before and after the increase buying the oil still is a net positive.


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